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Intelsat +3.7% as New Street sees positive in Airwaves Act delay

Mar. 12, 2019 2:44 PM ETIntelsat S.A. (INTEQ) StockINTEQBy: Jason Aycock, SA News Editor4 Comments
  • Intelsat (NYSE:I) is jumping, up 3.7% now, after New Street Research says the Airwaves Act appears to be on hold.
  • That's a positive development for the satellite firm, New Street says.
  • Shares topped out at $18.88 on NYSE today, helping make up some of what has been a steep decline over the past week (down 16.2% over the past five days).

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